Kakuzi Limited Analysis
Profile Kakuzi Limited is a Kenya-based company engaged in the cultivation of tea; growing, packing and selling of avocados; livestock farming; growing and selling of pineapples, and forestry and macadamia [...]
Cooperative Bank Kenya FY 2015 Net Profit up by 46% to Ksh 11.7 Billion
Co-operative Bank Of Kenya on Thursday released its Full Year 15 results posting a profit after tax growth of 46.2% to Ksh 11.7 Billion. Key Highlights Net Interest Income grew by 9.0 to Ksh 23.2Billion driven [...]Kakuzi Pretax Profit up by 228%
Nairobi Securities Exchange Listed agricultural firm Kakuzi has recorded a 228% rise in Full Year 2015 pretax profit to Ksh 764.45 Million versus Ksh 232.8 million posted the previous year.The rise was driven by [...]GOK okays Tullow Oil Swala Energy to survey drill L. Victoria Basin
British explorer Tullow Oil in a joint venture with Swala Energy have been given a go ahead by the government of Kenya to carry out a survey over the Lake Victoria basin block to optimise [...]Paul Muthaura elected vice chair of International Organization of Securities Commissions
The Capital Market Authority (CMA) Kenya's Acting Chief Executive, Mr. Paul Muthaura, has been elected the Vice Chair of the Africa Middle East Regional Committee (AMERC) of the International Organization [...]Mpesa stumbles in South Africa, Vodacom considers shutting it down
Vodacom is considering various options for its sluggish cellphone money transfer service M-Pesa.According to Fin24, Vodacom is exploring options for its M-Pesa business that range from enabling employees to generate [...]FastJet CEO Steps Down,Chairman To Act In Executive Capacity
African budget airline Fastjet said chief executive Ed Winter will step down on March 18, after its founder and the second-largest shareholder, Mr Stelios Haji-Loannou called for his dismissal. Stelios Haji-Ioannou, who [...]Market Report 14th March; Foreign Investors Dominate Trading
Market Report on 14th March 2016 NSE 20 index lost 0.14% to close at 3,953.13 points caused by higher cumulative decline on the representative counters than the gains while the Nairobi All [...]Kenya's Domestic debt hits 1.6 Trillion
Kenya's February domestic debt rose by Ksh 100 Billion to a total of Ksh 1.6 Trillion Kenya's domestic debt has surged to Kshs 1.623 Trillion (16 billion U.S. dollars) as of [...]Slight Drop in Super Petrol and Diesel Prices as Kerosene's rises
Kenya's Energy Regulatory Commission has announced a slight drop in the cost of super petrol and diesel effective from 14th March to 15th April 2016. Super Petrol reduced by KShs 0.92 [...]Bamburi Cement FY Net Profit Up by 50% to Ksh 5.9 Billion
Nairobi Securities Exchange Listed Bamburi Cement has posted a 50.4% growth in Full Year 2015 Profit After Tax to Ksh 5.9 Billion driven by increased sales, investment income and foreign exchange gains. Highlights [...]Diamond Trust Bank Net Profit up by15.6% to Ksh 6.6 Billion,issues Bonus
Kenya's Diamond Trust Bank has posted Profit After Tax growth of 15.6% to KES 6.6 Billion. Highlights: Earnings Per Share was up by 4.2% to Ksh 24.42 Total assets increased by 28.8% [...]
